baccarat betting system investment
Quote: ChowSoyHey a non-bigotted view, thanks, betting against their occurance is one of a few options. I wouldn't personally be considering patterns of 10 however, too difficult to manage (Bernoulli).
Unfortunately "betting against their occurrence" still falls within the category of PROBABILITY.
during the flight back home thought about the system and i believe it will work. i spoke with my friend today and he told me he will have the contact ready for me to sign later this week.
humans believeQuote: ottogtrduring the flight back home thought about the system and i believe it will work.
in all sorts of things that are not truth.
I am one that hopes you lose much of your investment.
it is one of the best ways to learn truth.
"When you believe in things that you don't understand
Then you suffer"
Then is the key word
You should have visited the SoCal Bac tables at Morongo
The best in the West
I still like your Craps place 6 and 8 betting system
I look for my data and add to your first thread
It is a big time fun winner in my opinion
Sally
Quote: ottogtri spoke with my friend today and he told me he will have the contact ready for me to sign later this week.
The oldest trick in the books. There could be no legally binding contract for such antics. It's a game to lure in the unknowing. If you trust him with the money, fine and good for you. The idea he's going to give you a written contract should be viewed as a warning sign, not an indication of legitimacy of the arrangement.
no the contract is not for me to use the system.Quote: Lemieux66What's the contract for anyway? To allow you to use the system?
the term is for one year. there will not be more partners and no extra funds will be added until the end of the one year term.
min. 50k
he keeps 5% of the profit
10% early cancellation fee
miscellaneous items will belong to him (i.e comp,free play/match play, drawings)
Oldest scam in the book -- he is freerolling you. You take 100% of the losses and only 95% of the wins, minus comps.
There's a sucker born every minute. Sometimes I wish I was dishonest enough to take advantage of people like this.
ill take the risk. he is also investing 50k of his own money to the baccarat system. every two weeks he will provide all the probable paper work to all the investors so we can do our own audits.Quote: AxiomOfChoiceSo, he gambles with your money, and keeps 5% of the profit (if any) and all the comps.
Oldest scam in the book -- he is freerolling you. You take 100% of the losses and only 95% of the wins, minus comps.
There's a sucker born every minute. Sometimes I wish I was dishonest enough to take advantage of people like this.
btw... waiting on one more investor to finish talking to her husband. possible time for this to start is this september 1st.
Quote: ottogtrill take the risk. he is also investing 50k of his own money to the baccarat system. every two weeks he will provide all the probable paper work to all the investors so we can do our own audits.
btw... waiting on one more investor to finish talking to her husband. possible time for this to start is this september 1st.
Hmmm, interesting math question. How many suckers/investors does he need in order to make this +EV? Of course it depends on his quitting points (not to mention the value of the comps)
Quote: ottogtrill take the risk. he is also investing 50k of his own money to the baccarat system. every two weeks he will provide all the probable paper work to all the investors so we can do our own audits.
btw... waiting on one more investor to finish talking to her husband. possible time for this to start is this september 1st.
what kind of "paper work" are you (or him) talking about?
Is he going to meticulously mark down every hand played, ie bet size, result? including suit and rank of cards drawn?
and if he is recruiting you because he wants to bet a larger amount than he has, then why is he only taking you, and not any more partners? sounds contradictory.
Quote: AxiomOfChoiceHmmm, interesting math question. How many suckers/investors does he need in order to make this +EV? Of course it depends on his quitting points (not to mention the value of the comps)
it's not difficult. just 1.
its going be like a real business. yes he will mark down every hands for every hands he going to play. with the all the bets being a flat one unit bet i can compare the results and the bankroll to see if its balance. no need for cards rank of the cards just which side wins. i know someone will ask what if he change one of the outcome to skim of the top of the bankroll. my answer is...in any business when you are a silent partner and dont have proof that person is stealing then all you can do is just take it. he have trust in me for not stealing his system and sell it or use it to profit for myself so i will have trust in him for not skimming from the top.Quote: andysifwhat kind of "paper work" are you (or him) talking about?
Is he going to meticulously mark down every hand played, ie bet size, result? including suit and rank of cards drawn?
and if he is recruiting you because he wants to bet a larger amount than he has, then why is he only taking you, and not any more partners? sounds contradictory.
if you have read most of the comments in this forum i have been saying a group of investors not just he and i. he is seeking a group of 5 investors for it to be profitable for him do this full time. at this time its the two of us and another two other investors. the last person is talking to her husband at this time. it should be good to go because her husband wanted to have the all 4 investors ready to go before he allow her to put in their share.
Safe yourself some grief and don't post about your fake wins in 2 months because no one will believe yyou anyways.
Eta: also no one here believes u have 50k. I don't doubt this is happening but probably with 1k max.
Quote: andysifit's not difficult. just 1.
I don't think that's right, for any reasonable amount of play.
Quote: AxiomOfChoiceI don't think that's right, for any reasonable amount of play.
that guy is taking 5% cut on the winning.
if you go to this page
https://wizardofodds.com/games/baccarat/
and change the banker's win pay from .95 to 1 or the player's win from 1 to 1.05 you can see that you will come out ahead.
this is will be last post do to that fact that even if i post wins or losts when this system begins no one would believe me anyways. some would say that i have to show the actually math for anyone to believe in the system but again i cant. here are two comments from others and this is why i cant...Quote: GWAELol if you actually think he is using his own money.
Safe yourself some grief and don't post about your fake wins in 2 months because no one will believe yyou anyways.
Eta: also no one here believes u have 50k. I don't doubt this is happening but probably with 1k max.
Quote: soxfanCats who can, do, and cats who can't, sell systems, hey hey.
Quote: AxelWolfCats who can, show the math and can prove it. Cats who can't, pretend or sell systems.
Quote: ottogtrCats who can, hide it. Cats who cant, asked to prove it so they can copyCAT it.
There is more than one way to skin a Cat. Your soon to be partner just proved that.Quote: ottogtrthis is will be last post do to that fact that even if i post wins or losts when this system begins no one would believe me anyways. some would say that i have to show the actually math for anyone to believe in the system but again i cant. here are two comments from others and this is why i cant...
TBH, I don't believe any of this BS. I think its one big trollfest.
Post up the contract and a pic of the 50k and I will then believe that there are some very gullible people even in this day and age.
Quote: DrawingDeadLemon Drop Kid is alive & well! Long live the Lemon Drop Kid!
No, long live the Mississippi Kid.
Quote: GWAEBtw, I am accepting player tips since my comment got this bs to stop.
Any red for the shooter gwae :)
Quote: ChowSoyIs it a seasonal thing, or maybe Christmas is looming. There just happens to be another "reel them in first" scam in progress on another forum, different angle but there are similarities in the claims; 250,000 shoes, beaten via flat betting. Turns out the perputrator of the other, calling himself James Baccrat Bond also has a few convictions to his name and claims to have not only pointed out a few computational errors to Prof Thorp but also bought his home from him.
EgaliteOnlineStalker and EgaliteStalkTrolling
Your behind the scenes stalk trolling backfired. You got the wrong person. Your Batman detective skills are like your constant ever going LIARs at the baccarat tables. All of this because you don't know how to open an Excel spreadsheet. HA!
Quote: andysifthat guy is taking 5% cut on the winning.
if you go to this page
https://wizardofodds.com/games/baccarat/
and change the banker's win pay from .95 to 1 or the player's win from 1 to 1.05 you can see that you will come out ahead.
It's 5% of the net. He does not get a 5% bonus on every winning bet; he gets a 5% bonus of the net win if they are ahead after playing a certain amount of time. In other words, losses are subtracted from wins before the 5% is calculated. As you pay longer, your chances of being ahead approach 0, so the value of that 5% bonus also approaches 0.
Quote: AxelWolfPost up the contract and a pic of the 50k and I will then believe that there are some very gullible people even in this day and age.
You mean, you didn't believe that before?
Personally I think that this is one big scam being put on by the guy who claims that he is investing. He comes on to ask if it can be profitable, everyone tells him no, and he invests anyway? That doesn't make sense. If he already had his mind made up, why did he come here to annoy us?
When he posted that they were just waiting on one more investor to be finalized, I expected him to come back a few days later and say that the investor fell through, to see if anyone on this forum would like to take that investor's place. I'm sure that he wouldn't post it publicly since he would be shouted down and probably nuked, but maybe he will PM a few people who he feels are particularly gullible. Hopefully no one is dumb enough to fall for it, but I wouldn't be THAT surprised.
Quote: AxiomOfChoiceQuote: andysifthat guy is taking 5% cut on the winning.
if you go to this page
https://wizardofodds.com/games/baccarat/
and change the banker's win pay from .95 to 1 or the player's win from 1 to 1.05 you can see that you will come out ahead.
It's 5% of the net. He does not get a 5% bonus on every winning bet; he gets a 5% bonus of the net win if they are ahead after playing a certain amount of time. In other words, losses are subtracted from wins before the 5% is calculated. As you pay longer, your chances of being ahead approach 0, so the value of that 5% bonus also approaches 0.
Depends how often he gets to take his cut... after every shoe or session and you could be on to a good thing.
Quote: thecesspitQuote: AxiomOfChoiceQuote: andysifthat guy is taking 5% cut on the winning.
if you go to this page
https://wizardofodds.com/games/baccarat/
and change the banker's win pay from .95 to 1 or the player's win from 1 to 1.05 you can see that you will come out ahead.
It's 5% of the net. He does not get a 5% bonus on every winning bet; he gets a 5% bonus of the net win if they are ahead after playing a certain amount of time. In other words, losses are subtracted from wins before the 5% is calculated. As you pay longer, your chances of being ahead approach 0, so the value of that 5% bonus also approaches 0.
Depends how often he gets to take his cut... after every shoe or session and you could be on to a good thing.
Well, yes, it depends how many bets there are before "breaking the bank" and starting over.
If you do it after every bet then obviously he has a huge edge even with only one "investor".
This is a somewhat interesting problem; it's sort of similar to the loss rebate discussion that was going on earlier. Except, instead of getting extra money when you lose, you get extra money when you win.
Note that with several "investors", the comps alone may make it worth playing, even without this 5% nonsense. Casinos will generally comp you about 1/3 of your expected losses. If you can get the bulk of these comps in promotional chips, free-play, or "show-up money", these are worth real cash. If you are only responsible for 1/9 of the bankroll but you get to keep all the comps, that means that you are getting 3x your losses bank in comps.
Quote: ottogtrno the contract is not for me to use the system.
the term is for one year. there will not be more partners and no extra funds will be added until the end of the one year term.
min. 50k
he keeps 5% of the profit
10% early cancellation fee
miscellaneous items will belong to him (i.e comp,free play/match play, drawings)
That is not a contract.
Gambling contracts are illegal and void unless authorized by statute.
This one sounds unenforceable.
Don't expect to resolve any dispute in Court.
